CA INTERMEDIATE GST EXPRESS (plat Ak FOR QUICK. REVISION "Making Revision,Faster, ee) Simpler & Effective" Applicable for ae Veneers cl WWW.YMCONCEPTS.COM & Nov. 2024GST Express Chart Book on GOODS AND SERVICES TAX | For CA Intermediate - May 24 / Nov. 24 Copyright © Author - CA. Yashvant Mangal [All Rights Reserved] Price : Rs. 199/- (No Discount Edition) é All disputes are subject to Udaipur jurisdiction only. “Talent wins games, but teamwork and ) Wns, intelligence win Championships” AN. My heartful thanks to my intelligent and dedicated team — Ashutosh Gandhi, CA. Sakshi Mor Suraj Singh Rathore, Dharmesh Paneri, Kavita Sahu, Kartik Sahu, Yuvraj Singh, Neetu Menaria, Ram, Isha, Depti, B L Kumbar and Lala Jat.'! Jai Mata Di!! Mangal & Sh. Ghans! And Aunt & Uncle My Special Thanks to Ankita Mangal CA. Rohit Mangal And All my Friends With Love This Book is dedicated to my Son “Yedhant Mangal” Who boost my Confidence with his charming eyes & smile» CA. Hasan Mangal {GST Express Chart Book Auto 0 ‘Taxes subsumed in GST ‘CENTRAL LEVIES STATE LEVIES, (2), Central Excise Dutyand Additional Excise Duties (2), State surcharges and Cesses in so far as they relate to supply of U (2), Service Tax ‘goods and services. (2). Excise Duty under Medicinal and Tollet Preparation Act (2) Erwartsiocpent Tac eaeept those latte I Jocel boeles) | (4) CvDandSpecial vo (6) CentralSalesTax (3), Taxon lottery, betting and gambling, (4), Entry Tax (All Forms) and Purchase Tax (6) Surcharges and Cesses in so far as they relate to supply of (), Vaioales Te ‘goodsand services. (6) Luvury Tax (7) Taxes on advertisements 1. Benefits to economy 4, Easy tax compliance ‘+ Creation of unified national market + Automated procedures with greater use of + Boost to Make in India’ initiative ‘+ Reduction in compliance costs ‘¢ Enhanced investment and employment '5. Advantages for trade and industry | 2. Simplified tax structure ‘» Benefits to industry ‘+ Ease of doing business ‘+ Mitigation of il effects of cascading ‘+ Certainty in tax administration + Elimination of multiple taxes and double taxation 3. Buoyancy to the Government Revenue + Benefits to small traders and entrepreneurs Constitutional Provisions ‘Article 265:'t prohibits arbitrary collection of tax. Itstatesthat “no tax shal be levied or collected except by authority of kaw”. ‘Amticle 246: It gives the respective authority to Union and State Gov. for levying tax. Whereas Parliament may makelaws for the whole of india ‘orany part ofthe territory of Inca, the State Legislature may make laws for whole or partofthe State Seventh Schedule to Article 246: sti Union ist Parliament (C6) has the exclusive right to make laws, st: Statelist ‘SGhas the exclusive righttomakelaws, ! st Concurrent List (CG&SG have powerto makelaws. Article 246A: CG, SG have power tomake laws with respect to GST, Centre has the exclusive power to make laws with respect to GSTin case of inter State supply of ods and/orservices. “ Article 269A: GST on supplies inthe course of inter-State trade or commerce shall be levied and collected by the Gov, and such tax shall be. apportioned between the Unionandthestates, ‘GST Council: Article 279A : The Union Finance Minister is the Chairman of this Council and Ministers in charge of Finance/Taxation or any ‘other Minister nominated by each ofthe States & UTs with Legislaturesareits members. “Abhi to IDT Shuru Hui hai...”GST Express Chare Book Authored by CA, Yeshwant Mangal 2 0 a Unease Ee Bay) eye [instdes}-— [Forests of movable serowing crops, grass and things property attached to/forming part of the land excludes Money ‘which are agreed tobe severed before a me sone >. a eat) Angie Ae eto? wh Sots a ee, securities. SUPPLY VJ INCLUDES trannies Getta cal) Pad excuse Okecue tcl Botnet furtherance of business [Section 7(1}a)} ‘Supply includes importation of services, for a consideration ‘whether or not in the course or furtherance of business Sale, Tansfer, Barter, Exchange LUcense, Rental, Lease, Disposal f 3 [made] ‘Aareedto bemade 1 Permanent transfer or disposal of business assets where input tax credit has been availedon i T suchassets. Lara [REL 2. Supply of oods or services or both between related persons ar between distinet persons echistad| [spayereercnaiee ‘when made nthe course or furtherance of business: i : (Provided hat ts not exceeding, 50,000in alu aan yer byan employer to anemployeeshall not be treated as supply of goods or services or By Person for a consideration eee ene : In the course or furtherance of Business (a)bya principal to his agent where the agent undertakes to supply such goods on behalf of the principal or (o)by an agentt his principal where the agent undertakes to receive such goods on behalf oftheprincipal. 4, Import services by aperson froma elated person or from any ofis other establishments ‘outside india, nthe course furtherance of business. carrsce a) | st eC 5 ee eee age es | Beemer Particulars Levied on “Meares | 865-20" | ete ‘Supply outside. ‘Alcoholic liquor for purwew of 6st | _ human consumption Colectedand With consideration mead Toable person ge a | PAT Cae lias noua > on speeaoset Treauseat][Normesune [[saedpenon sine] [Ober telyesniee | > Matxsrtimememnra ||| tnternce ot |] often |] paconn couse < [Sec. 9(2)/5(2y) | * Nanna’ Gas, business. > Aviation Turbine Fuel ofr aw for the tie Belg n force of any SF guthorty, the person and ts members ‘persons and the supply of activities oF Frone such persontoanother, Note: Customs duties shall not be levied on import of “Online Money Gaming (OMG)", but, IGSTwill belevied onimportof OMG" ufs5(1) of thelGsT. ‘Notwithstanding anything contained in any judgment, decree or order of any Court, tribunal or | constituents shall be deemed to be two separate transactions inter se shallbe deemed to take place fo ‘The activities or transactions, bya person, other than an individual, to its members or constituents or vice-versa. [Section 7(1)(aa)] (21GST Express Chart Book Authored by CA. Yashvant Manga ies to be treated as supply of goods or supply of services [Section 7(1A}+ Schedule Il] ec ergy | Tin n/n rd wih poe fae te TE spy of Goode {b) Right ngods/undvided sare in gods witout rane often goods [ suspotseres | andand JI) (tee tnandy, eseent, enc to ocsupy land Baling tance, dha] {eens or eting outof the buldngieclaing commer Industa or esiertil complex tor | —» Sup of seven business or commerce, either wholly or partly. i, re || Oe = serfs nee a Tansterof (a) Goods forming part of aiset of a business ae tansterred or Gaposed off by or under the basins dbeclondcttheperioncaryouonthabisiuss Assets (b) Goods forming part of assets of any business carried on by a person who ceases to be a taxable ‘Supply of Goods person, shall be deemed to be supplied by him, in the course or furtherance of his business, immediately before heceases tobe taxable person Exceptions: 4. Business is transferredasa goingconcernto another person 2. Businessiscarried on by personal representative who is deemed to bea taxable person (€) Goods held/used for business are put to private use or are made avalable to any person for use, |» Supply of Services for any purpose other than a purpose ofthe business, by/under the direction of a person carrying conthebusiness . 5 | Declared (a) Rentingof immovable property et services. | (b) Construction of a complex, building, civil structure or a part thereo, including a ‘complex oF building intended for sale to a buyer, wholly or partly, except where the fentire consideration has been received after issuance of completion certificate, ‘where required, by thecompetent authority or afteritsfirst occupation, whichever isearlier -—=* Supply of Services| (c) Temporary transferor permitting use or enjoyment of any intellectual Property Right (IPR) (2) Development, design, programming, customisation, adaptation, upgradation, enhancement, implementation of T Software (6) Agreeing to obligation torefrainfrom an act, or totolerate anact or situation, ortodoanact (f) Transfer of rightto use any goods for any purpose 6] composite | (a) Works contract [construction repairs etc. of immovable property, wherein transfer of property in. supplies go0dsis involved) L— susoyotserces (0) Restaurant and Outdoor Catering Services food or any other article for human consumption or ‘anyatink other than alcoholicliquor for human consumption) supply 3$€ excLudbes———, cenit rerun e Oe te] eae ene) by the Government [Section 7(2)(b) 1, Servicesbyan employeeto the employer inthe course of or intelationtohisemployment. 1. Services provided by C5, | 5G, UTorany local authority q 2. Senicestyany Court or buna a by way of ay ae ih 3. (a) Functions performedtyiheMP MLA Membersof Panchayats MunicpaltesandOtheroclautories ||, of ay actly Teese Repo en pen esl Eee ener at Cree | |e eae | that capacity under article 2436 or to 0 (c) Duties performed by any person as a Chairperson/a Member/ a Director in a body established by the CG or Municipality under article Seortclouthory. 23M 4. Services of funeral, burial, crematorium or mortuary including transportation of the deceased. 2 prskive are af is by way of arent of leaho 5, Sleolandand subject paragraphs() of Sched ale of bul iy orem 6. Actions, ther than specie actionable cis le Not: "pecfed Actionable Cli" means the actionable cm vole in or by way of being casos, |] lense fee or applet ‘gambling, horse racing, lottery or online money gaming. Rate of GST = 28%. fee.GST Expres Chort Book Authored by CA, Yashvant Mangal Composite & Mixed Supply (Section 8) “+S One Pre Composite Supply Mixed Supply means two or more individual supplies of goods or services, or any combination thereof, made in conjunction, ‘with each other by a taxable person fora single price where such supply does not constitute a composite supply means a supply made by a taxable person to a recipient consisting of two or more taxable supplies of goods or services or both, or any combination thereof, which are naturally bundled and supplied inconjunction with each ‘other in the ordinary course of business, one of which is a prineipalsupply treated as supply of that particular supply that attracts treated as a supply of such principal supply. highest rate of tax STEPS TO DETERMINE WHETHER AN ACTIVITY UNDERTAKEN IS SUPPLY OR NOT No Is the activity 2 suppl including supply of goodssonics suchas sale, rans, bares exchange, lence, rental eae or isposa ? isi for consideration ? Tsitan activity specitied under Schedule I? isitin Course or furtherance of business ? No isit Import of Biein course or furtherance of business 2 isitan activity specified In Schedule i]_No__ [Activity cor section 712)(61? supply Not Supa Yes 7 Supply of gods /services/both by an unincorporated AOP/B01{NV]toa member thereo! or vice versa) shallbe treated as supply of goods/servces/both. Cash call ‘ncheratue of Capital Contributions made by members toraisethe fundsforlVwillnotbetaxableunder GST. Perquisites provided by the employer to the ‘employee intermsof contractual agreemententeredinte between the employer andthe employee, wll not be subjectec to GST when thesameare providedinterms ‘ofthe contract between the employer and employee «Cand maybe sb ether as so after some development sucha leveling lying down of drainage lines, water ines electricity lines, ee is ‘suchdeveloped landisalo sale oflandandis covered bySr No.of schedule ofthe CGST Act, 2017 and accordingly does nat tract ST. + However tmay be noted that any service provided fr development of and ke levelling, ying of cainagelines{2s maybe received by developers shall attract GST atappleabe ate forsuchservices, = ileading/unloscng,packing/unpackng et, incidental services are provided alongwith GTAservices andi charges forthe same are included inthe Ile issued by TA then these services, beng comosite supply, willbe classified under GTA Service. However, f such incidental services ae provided as separate services and chargedseparately whetherin the same invoice or separate invoices, they shllbetreatedas separate supplies +" Retreading of tyresisa composite supply, the process of retreading sa supply of service & where owner ofthe etreaded tyre sell the rettesded tyres, then, tis supply of goods, us body bulcing'scomposte supply. The principal supply nthiscasels "Supply of Service” + Printing contracts are composite supplies. Incase of printing of books, pamphlets, brochures, annual reports & the like, principal supply supply of service. And, «case of printing of ervelos letter cards, printed boxes, tissues, napkins, wallpapers, et. principal suppVissuppiy of ods. + Thesupplyofhootsshallbe vested as supply of geod, “= dimission charge o entry fee charged for admission int casino, beting/gambling Services being provided by casinos nd horse racing is supoly of service & GST is leviable onthe Het vale, 4] ified that sale ofGST Express Chart Book Authored by CA. Yashvant Manga Time of Supply of Goods (Section 12) Time of supply of goods Time of supply of goods under reverse charge Time of supply TimeofSupplyof —_Time of Supply of Linder forward charge 1 OTvOUChETS Residual cases fall addition in value by "1 ‘ Date oct of goods “erciom | tmestoredonot rr Date of issue/ due date work for a situation) pee of issue oftax invoice + + delayed payment of undersection31** Date of recording the payment inthe books ate of 4 Se + ‘of accounts of the recipient of goods oe of voucher if ye datefiingof + No GST on advance 1 the supplyis ee Received for supply of identifable PET HY Date on which the s00ds by registered Dateonwhich paymentis debited from atthatpoint—_TINaNVOTNEE ater receives, ceaon(Extudng, the bn erourt ofthe relent of pods 1 cae, thedateon halon Composition suppliers) | which taxis pak Fon 1 Date of ‘31° day from the date of supplier's Invoice redemption of 6ST wil be required to 1 voucher in be paid on advances other eases received in respect of whichever sealst supply of “Specified + ‘Actionable Claims”. ithe above events are UNASCERTAINABLE Time of Supply = Date of entry of goods in Books of account of recipient of goods Time of Supply of Service (Section 13) Time of supply of ‘Time of supply of Time ofsupply of | Timeofsupply ‘Time of Time of Supply of services under forward services under forward services under of vouchers Supply of_—_additionn value by charge when the charge when the reverse charge exchangeable «Residual way of interest, late invoice issued within Invoice snot issued + forservces _casesi{fall _‘fee/penalty for the time specified u/s within the time the above do delayed payment of ai specited ujeaire pate ofrecording | notworkfora Consideration 1 payment in the 1 4 books of accounts of sturtenl forsee Date of issue of Date of provsion of __therecinent of Date sue | taxinvoice service services af ee | 7 1 7 the suppivis Identifiable at Due date of Date on which the Date of recording the Date of recording pero that point filing of supplier receives payment inthe books the payment inthe -_—ayment|s debited | periodical such addition in ‘of acount ofthe books of accounts ‘from the ben return or value ) supplier ‘ofthe supplier Se) Date of in any other 1 i recipient of services evemption _case, the date ' ‘ofvoucherin on which tax Date on which Dateon which giedayffomthedate other cases ispaid 5 paymentiscreditedin payment iscrecited in" dav rem the dat ‘the bank account of the bank account of sim ree the supplier the supplier “ ' 7 | wihichever is earlier whichever is earlier 4 Ifthe above events are UNASCERTAINABLE, Time of If the above events are UNASCERTAINABLE, Time of Supply = Date of receipt of servicesin the books of Supply = Date of entry of services in the books of account ofthe recpient of supply account ofthe recipient of supply (5)GST Express Chart Book Author by CA, Vaskoant Mongol **Time limit for issue of invoices [Sec. 31] Biers Berd Beforeorat the timeof,- (a) removal of goods for supply to the recipient, where the supply involves movement of g00ds,0r (b) delivery of goods or making availabe thereof ‘totherecipient, in any other case > In case of continuous supply of goods, the invoice should be issued -beforeor atthe time of issuance of periodical statement or receipt of periodical payment. > Incase of goods sent or taken on approval for sale or return, invoice should be issued- before Cr at the time of supply or 6 months from the date of removal, whicheveris cartier. > efore or after the provision of service but within 30 days [45 days incase of insurance ‘companies/banking and financial institutions including NAFCs} from the date of supply of > Incase of cessation of supply of services before completion of supply, the invoice (tothe ‘extent of supply made before such cessation) should be issued at the time when the supplyceases. > Incase of continuous supply of services the Invoice should be issued either - (i) on/beforetheduedateof paymentor (i) before/atthe time when the supplier of service receives the payment {ii) on/ before the date of completion of the event when the payment is linked to completion ofan event. > In case of insurance / banking /telecom companies / financial institutions including NBFcs/ notified supplier of services making taxable supplies between distinct persons (lke Imer-branch transaction, invoice may belssued- before or at the time of recording such supaly in the books of account or before the cexpiryofthe quarter during which the supply was made. See ee Pee eee ‘Value of supply = Transaction value u/s 15(1) (Price ‘actually paid or payable for supply) | Pe ety Ere) ST atau’ Cre eee See) supply u/s 15(5) Value to be determined under chapter IV of CGST Rules : Determination of value of supply Rule (27 to 35) Inclusions & Exclusions from the value of supply {Sec. 15(2) / 15(3)) | +(= = ‘maria Gonieia tags aan peal 1 Eee ee ai aaa 1 a ora A DT 7d aac 7 Tre een NTO BOTT TEE 7 Toa Aesth ier oer erence aa Taenoicia nad Bae sia aioe : 7a De cidare 7a [ reser cet 7a [6]rn = GST Express Chart Book Authored by CA. Yshvant Mangal 2 g Guba [direciy in elation to pie) from Central eovernmentor State government we Subsidy (directly n relation to price) from any other person “anes/levies charged separately by the supplier (other than CGST/SGST/UTGST/IGST/GST CESS) Discount allowed at the time of supply (15(3)) Exclusion of discounts from transaction value (Sec. 15(3)] | “ Discount given Te Before or atthe time of supply After the supply Shown in the invoice In terms of an agreement thatexisted at the time of supply dyes 4 ‘Can be linked to invoices Diecounts not included inthe value of supply i | x No Proportionate IC reversed by recipient Discounts Included inthe value of supply To WR q Eligibility and Conditions for taking ITC [Section 16] BIEIE Lang every registered person shall be entitled to TC charged on inward which are used or intended to be used in the course or supply of goods and/or services. [Sec.16(1)} > furtherance of the business. (Sec, 16(3)) FALL the following 6 canditions are fulfilled: (Section 16(2)} He has valid tax imviee/debitnete/preserbed Rule 36(4): Recipient can aval TC onli invoices or Debit Notes are furishedby the supoierin GSTR/ ‘taxpaying document (See. 36(2)(0) ltFanditappearsinGSTR 28 oftherecipent (without ary addtional or provisional TO), “The estrction of svallment of TCu/36(4s not applicable in respect of GST paldonimport, documents ‘huto-Population of ITC in GSTR-2B (Sec, > lssuedunder RCM, ceditreceived from ISD et, which areoutsiée theambitofSec.37(1), anced {Section 162) FrstProvisolf Goods receivedinltsTCavaliable only onreceptoflastlot] He has received goods and/or service (Sec. Se¢ond Proviso recpient falls o pay value + axo goods and/or services, whether wholly or part to aera. ‘the supplier within 180 days ofthe ssvene of vole, proportionate ITC (to the extent of payment not alltoship to" Modelforgoods &services also Made)tobereverseor pid wthinterest © 18% (ITC utised) Onpeyment subsequent the TCcouldbe incided re-avaied thoutantimelimit.Exeption:Supplieson whichtaxispayable under reverse charge. The detalls of TE in respect ofthe said supply communicatedto such realstered person u/s38 hasnotbeen restrieted(Sc.16(2\ba)) Rule 378: the recipient has valle the Con the bass of GSTR-28, but, subsequenth ifthe supper 1 does not pay the Taxto the government by fling GSTR-38 tl the 30” September following the end of Financial yearn whieh the ITC in respect of such invoice or debit note has been availed, then, the Feclplent salle required to reverse the while furnishing a return a FORM GSTR-38 on beforethe GST on such supply has been paid to the 30" Novemberfolewingthe endof such financial year. government (Se 18(21¢)) not reversed, then, such amount shall be payable by the sid person along with Interest thereon u/s5O (mrcisutizes). Henasfurishedretumu/s39 (Sec. 26(2/[a)] Further, the recipient an ce-avaltheafresaidIC (without anytime lit speciie/s 164), fthesaid supple subsequent furnishes the return FORM GSTR-36 or thesaidtax perio. \tdepreciation aimed on 6ST component of capital goods, then, TC not alowed [Section 613) {TCon invoices or debit notes pertaining toa particular FY can be avaled any time ti 30" November of next F¥oractualdate offlingof the sri retury, whichever earlier [Section 16(2)]GST Express Chart Book Authored by CA. Yashvam Marat Conditions of use of amount available in ECrL [Rule 86A] (8)The Commissioner oan fer authorised him having reasons tobeleve that TC aviablein the Eh been audlent avalos iaigbleln 42) the/TChas been avalled on the strength of taxinvoleasor debitnotes, ee + Issued by a rogistared person who has been found non-existent or not to be conducting any busines from any place for which registration has been obtained: or without recsint of goodsor services orboth:or + the TChas been availed on thestrangth of tx ivolees or debit notes, ete in respect of any supply the tax charged in respect of which has nat been paidto the Govor by the registered person avaling the credit of input tax has been found non-existent of not ta be conducting any business from any place for which registration hasbeen obtained;or «) theregistered personavallingany credit of inpt axis notin possession ofa axinvoice or debit nate, ete ‘may notallow debit ofsuchamountin Er for lscharge of anyliabltyorforclaim of any refundof any unutlsed amount. (2) The Commissioner, or the officer authorised by him may, upon being aise that conltions or dsallowing debit of Cras above, ne longer exit, allow such debi (2) Suchrestrictionshallceasetohave effect after the expiry of aperiadaf 1 year fromthe date ofimposing such restriction Restrictions on use of amount available in ECrL [Rule 86B] “The registered person(f.] shallnot use the amount available in Cito dschargehis liability towards outputtaxin excess of99% of such tx ibility where the value oftaablesupply other than exempt supply andzero-rated supply, inamonth exceeds. 0,00,000. However, Restriction shall notapply where (2) the sald person the proprietor /karta / the MD / ay of ts two partners, whole-time Directors, Members of Managing Committe of Associations or Bootd of Trustees, have paid more than Rs. 100,000 asincome tax in each ofthelast 2FY for which the time lmitto file return of incomes expired (0) theR.Phas received refund amount of more than Rs, 100,000 n he RFY.on account of unutlised TC [Le Zero Rated Supply made without Payment oftaxl. or (0). ther.Bhasreceived.arefundamountof more than Rs 1,00,0001n the PFY on account of unutlsed ITC. cases oflnverted DutyStructure];or (d)_ theRP.hasclscharged his lability towards output tax through th electronic cash ledger for an amount which sin excess of 1% ofthe total output tax Viablity applied cumulatively upto the saidmanth nthe cor (e). the RPisaGov. Dept, aPSU,aLAora statutory body. Further the officer ayremove the sidrestrction after such verifications and such safeguards ashe may deem ft. Pl ila ee Mee eA ta eae ee Aa ed j Caen —————, 4. ITC on passenger Motor Vehicles (capacity upto 13 persons 3. ITC of following services used for Motor Vehicles, Vessels or Including driver) (Vehicles ~ engine capacity exceeding 25 CC) not Aircrafts notallowed: allowed Ss ® (i) General insurance; See ete creasing ancicy pee whoo seething (iii) Leasing, renting or hiring of motor vehicles, vessels or aircrafts. ee ae as Re apes en ogc poe tenege ices © where Motor Vehicles, Vessels, Aircrafts are eligible for ITC, then eae state om © "General insurance Service’ and “Servicing, Repair and Sonenind eee ey ‘Maintenance Service” are valed by 0) amanutacturerof motor vehicles, vessels or aircrafts, inrespect of ‘motor vehicles, vessels or sr crafts manufactured by such person; (i) aninsurer in respact of motor vehicles, vessels or aircrafts insured ‘or reinsured by such person, then, these 2 services wil be eligible (a}fortransportation of goods; (}formaking the following taxable supplies, namely:- (i) furthersupplyofsuch Vessels or lrraftor (i) transportation of passengers;or, (ii) Imparting training on navigating such vessels; or {0v)impartingtrainingonfiying such sirraft. for fC. {b)(0 food and beverages, outdoor catering, beauty treatment, health services, cosmetic and paste ITC willbe allowed ifit is surgery, leasing renting or hiring of motor vehicles, vessels or aircraft, except when used for the cahndisty Oral Sige ed purposesspesfid, fe insurance and health insurance and EXCEPT WHEN, provide these goods/services ‘Aninward supply ofthese is used for making an outward taxable supply ofthe samecategoryoras [covered under sub-causes (0), anelement of taxable composite or mixed supply. (of cose (085 of aclub, health andfitnesscantre employees, under any law for (i) Membership ofaclub, health and ft . a (i) Travel benefits to employees on vacation such asLTCorhome travel concession [8]Book Auhoved by CA. Yeshvane Mangal le person for construction of an immovable property (other than plantand machinery) an his. are used in the course or furtherance of business (construction includes repairs, ete. which (6) Inward suppliesor (9 trward supplies (fa) Goods or services or both recelved by a taxable petson, which are used or intended to be used for activities relating to his obligations under forpersonalcansumption toyed, written offor disposed ofby way of iftorfreesamples | 1293nd 130, + Freesamplesand gfts:don jet one free offer: Toxability of such supply supply ora mixed supply. ITC shall be excluded to determine the value of supply provided they satisfy the sd by the supplier having no impact over GST lablity, Secondary discounts ‘Goods and/or | CA study course is not the toughest study course. It’s for them who are the toughest, the determined. & We know that YOU are One of them.GST Express Chart Book Authored by CA, Yashvant Maral Credit in Special Circumstances [Section 18] es Person who has applied for registration within 20 Person who isnot required Registered person who ceases Regstered person whose enee recasting Pumbcnmumen (fcryevesmsiwac'| | Sesame eee 7 ‘ ‘ ’ aceniaopiamnay a ee a mmmney ae ie (emeel Gerace | ecwcenimoreaes recs) lec ee) Wceetceriler | |mowytecume ears eee Tai a ng ane rt ned iad ce tathed goods had vse ros) easier ally rete pce + Itoh eed win Hetobe awed iin 55 ap pa lass pl et pal une a a Gutta es 3 clams Ogi es sla dace A ang ola penene etbesvaleduthr yur mths dao else oth tebe upeler t ORT TE eT sy sata Popes choad tert ete ITE\on Inputs will be || Ameunttetet to kereesedincesecof NPUTE: Tee Coy he Gees commant pererionnty en Venki: Wace a atea Tras coe onicg | | / comemopalrkus on win ak ha wren ecled on cen’ | part ret Fetes Ste noee weno at) (te Sree eae Sonawiedonsucnpu |) Ovipttespbl Sosch gods, (hee tne pertaining te Mccabe pals, | fesknncel he! reaahing een i ob Teteiobercwsed ull bs Mtmrmleerarotavlate,elTCtoberevenedwilbebasedonthe cpnalgnsor Mey cease | oeemdeese cae eet paneer noasotameen Pe Sishs nsa aan Conta Goods Selesiom nascten. | |, Amwunt ftom ts be otsed im repactf APTALODDS ON chine abet Tre involved in the PANTS MACHINERY: is ye De ra cce) |e Reset wocmigaroverronimcineciaien: Tate a eee eee Guat] (ium ceselmeaeniacaneereiiescyasjor | | Coats merine en a eines’) |ehe oueeiees enaiarcat pel oom pate) | eneeeeennet ie ung atelier | | cette ese years Whichever shigher Prono Cee ete eee -Lincase of change in constitution ofaregisteredperson, ni caimecee ‘Tcthat remains unutilzedin the ECr.can be transferred tothe new ently provided there i wonetoried pe ai or allot theta \saspecfcprovsion or transfer of liabilities in such change ofconsttution. registered place of business by 2utnthecase of demerger furnishing form GST FTC - O2A within a FTC willbe apportioned in the atio of the value of assets of the new units as specfedin petiod of 30 days from obtaining such ‘the demerger scheme. Separate registrations. The ITC shall be transferred to the newly registered entities in the ratio of the valueof assets. + The ratio ofthe value of assets should be taken asan the "appointed date of demerge’ the sad ratio isto be applied on the ITC balance ofthe transferor on the date of filing FORMGST/TC-02to cleulatethe amountof transferable TC. [10]OO Bo —= GST Express Chart Book Authored by CA. Yashvant Mangat i COMPOSITION LEVY A Manufacturers (other than fe eream, pan masala, cold) | (0.8% +058) =1% ofthe turnover in the state or UT, 186 of Entire turnover whether feces Ar aoe arte ee Ceteoeeee Restaurant & Outdoor catering services (253% +25%)=5%ofthe tumoverin the State orUT[ie., S86of Entre turnover whether + tarable orexemst | Other Eligible Suppliers(.e. Traders) (0.5%+0.5%)= 1% ofthe 0. oftaxable supplies ofthe goods/ servcesinthe tateor UT {ie 13ofturnover of onl Taxable goods or services, notexemt goods or services] « Service suppliers opted for composition scheme u/s | (503%) = 6 of the tumover of supplies ofgoodsorserdcesinthe tate of UT(v, GX oF Entre 10(24) turnover whathertarableor exempt] Procedure for opting for the Scheme New registration under GST | intimation in the From the effective date of registration form registration Registered person opting | Intimation in prescribed form | Beginning of the FX. for composition lew | before beginning ofthe FY. Turnover (of Preceding F.Y.) limit Tele ee ( tae For Special Category States** except. AllTaxablesuppies “oparegote turnover” shall indlude the |— Assam, Himachal Pradesh and 8K | (+) Exempt Supplies (including Non- | | value of supplies made by such person from 7 takh taxable supplies) the 1s day of Apri ofa financial year up to a (Glia Mt supplies the date when he becomes lable for L_ For remaining states=15crore | ()(costsosturcst.\6sr,Gsrcess) | |repistration but shall not include the to be computed on all India basis | | amount of interest or aiscount eaened on ESI souain having same PAN, leans, advances or deposits extended. Special Category States** “turnover in tate or turnover inUT” shall not nchide the valu of supplies, namely= Arunachal Pradesh, Mizoram, Tripura, (1) supplies from the first day of April ofa financial year upto the date when such person becomes Manipur, Nagaland, Meghalaya, Sikkim, liable for registration under this Act; and Uttarakhand (2) amount ofinterest or discount earned on loans, advances or deposits extended, Registered person who is not eligible for composition scheme C4 ‘ oe oF T T T T T { Supplies || Supplier engaged || Person supplying || Manufacturer of notified goods ce cream, panmasala|| Supplier || Should not be which are || inmaking any || anygoedeor || tobacco, aerated waters (cold drinks), Fly ash bricks or || who iselther|| eligible not leviable}| —inter-State |} services through an| fly ash aggregates, Fly ash blocks, Bricks of fossil meals|| @ CTP or a || forcompostion under GST || outward supplies ||ECO who is required|| or similar siliceous earths, Bulcing bricks, Earthen or || NRTP ieee o-colect TCS u/s 52 roofing tes) ‘eoods u/s 1012) ‘A person whois engaged in supply of service except restaurant & outdoor catering service. However, ifn eligible person (.. supplier of goods or restaurant & outdoor catering service supplier) who has opted for composition scheme may supply services (other than restaurant & outdoor catetine servic), of value not exceeding Rs. 5,00,000/- or 10% af tumaver in a State or Union territory in the preceding financial year, whichever Is higher (interest or discounton eans/advances/ deposits willnot be taken incomputing thslimit) * Here, while computing turnover ina State/U,interestor discount on loans/advances/deposits willnot be takeninto account. myGST Express Char Book Authored by CA BET ohike eed te turnover during the current FY. exceeds the The option to pay tax under composition scheme lapses from the day on which his 9 specified limit (Rs, 1.50 erore/Rs.75lakh/Rs. 50 ak). Further he isrequired to file an intimation for withdrawal from the scheme in prescribed form within days f the occurrence of such event. ‘Such person shall be allowed to aval the ITCin respect of the stock oFinputs on capital goods held by him on the date of withdrawal and furnish statement, within 30 days of withdrawalof the option, containing the details ofsuch stockheldin prescribed form on the common portal. ‘Composition supplier shall pay tax under sec 9(3)/9(4) on inward supply under RCMatnormal applicable ates Billof supply shall belssued instead of taxinvoice CCompostionscheme supplier cannot collect tax fromthe recipient of supply MCshall notbeavaledby composition supplier Composition scheme tobe adopted uniformly bythe registered persons having same PAN Thereisno restriction on Composition Supplier to procure goods from interstate suppliers Penalty shallbeimposed incase of irregular avament ofcompesition scheme as pe section 7301 74 ‘Mention "Composition Taxable Person, not eligible to collect taxon supplies" at thetopof the billofsupply issued ‘Mention "Composition Taxable Person” atthe prominent place athis place of business + Abakery, where eating placeis attached, wiltreated as restaurant. + Service provided by way of cooking and supply offoad, by loud Kitchens/Central Kitchens are covered under "Restaurant Service + Where ice-cream parlors sell already manutacturee ice-cream and do not cook/prepare ice-cream for consumption like a restaurant, itis supply oficecreamas goods and nat as.azerviee,evenif the supply has certain ingredients ofservice Himmat mat khona abhi bahut aage jana hai, Jinhone kaha tha tere bas ki nahi, unhe bhi kar ke dikhana hai.hort Book Authored by CA, Yashvont Mangal RCM & ECO a ‘Supply by an unregistered supplier to notified registered person (Sec. 9(4)) 1. Supply of such goods and services of both which constitute the shortfall from the minimum value which is required to be purchased by a promoter for construction of project, ina financial year or part ofthe financial year till the date of issuance of completion centficateor fist occupation, whichever is earlier 2. cement 3. Capitalgoods Supply of goods/service/both notified by the government (Sec. 9(3)) Category of Supplier of Service Recipient of Service Services by a good transport ageney | Factory, Society, Co-operative society, GST registered person, body corporate, partnership firm Including AOP, registered casual taxable person located in the taxable territory (GTA) in respect of transportation of goodsby road However, REM on GTA service shall not ply where GTAhas taken registration under GST and exercised the option to pay GST under FCM; and the GTA has. Issued 2 tax invoice to the recipient charging GST at the applicable rates, and has made requisite decaration on such invoice issued by him. Further, the ‘option exercised by GTA to itself pay GST under FCM during a Financial Year oe “Rextplcn wil be lable we shall be deemed to have been a eee —_ uc BM exercised for the next and future a ae financial years uniess the GTA files a ‘5% (thot any 1 12% (with ETC on IN. = declaration to revert under RCM on or or no afterthe 1 January 033" March ofthe Be Recipient of GTA service isthe person who pay/is lable to pay freight for transportation of goods by road Ingoode carriage, ocatadinthe taxable terry. Services provided by an individval advocate including a senior advocate or firm of advocates by way of legal services, directly crindirectly o { ‘Services supplied by an arbival tribunal ‘toabusinessentity cee PS j 5,56, Uror ato butiness entity excusing, ny business entitylocatedin the tarableterton (a) renting of movable property and ‘Any bisinessenttyloctedinthetarable errtony (2) Services specedbelow | (), servcesbytheDepertment of Posts and {heise of Ralways (ind Ralvays) (i) service tn relation to an aera ot 2 {eisel insge or outside the preancs of 2 portoranalrport Fal anata eit orppase gene SO [Provstonsof RCM, insofarasthey applyto the 6 and S6, shall aso apply to the Partament, State Logiatures, Cours and ‘rural Myere s Chart Book Authored by CA, Yeohvant Ma GST Expr -—Gervices supplied by the CG excluding the Ministry of Railways {indian Ralvays), $6, UT oF LA by way of renting of immovable propertytoa registered person Registered Person under GST service by way of renting of residential dweling to a registered person Registered Person under 6ST Services provided by way ofsponsorshiptoany body corporate or partnership firm ‘Any body corporate or partnership firmlocated in the taxable territory Services supplied by any person by way of Transfer of Development Rights (TDR) or Floor Space Index (Fi) (including ‘additional FS) for construction ofa project byapromoter {Long term lease of land (30 years or more) by any person against consideration In the form of upfront amount/ Periodic rent for constructionof aproject by apromoter Promoter Director The co. ora body corporate located the taxable territory Insurance agent [Any person carryingan insurance business, located intaxableterritory So “Abanking company or a financial institution ora NBFC, locatedin thetaxableterrtory Supply of ervices by music composer, photographer, artstorthe lke by way of transfer or permitting the use or enjoyment of a copyright relating to original dramatic, musicalor artisticworks Music company, producer or the like, located in the taxable territory Supply of services by an author by way of transfer or permitting the use or enjoyment of a copyright relating to origina Iiterary works toa publisher Publisher located in the taxable territory (except where Author opts for FCM) Members of Overseeing Committee toRBL Reserve Bankof india (RB!) Services supplied by individual Direct Selling Agents (OSAs) other thana body corporate, partnership from or LP ‘Abanking company ora NBFC, locatedinthetaxableterritory Businessfacilitator(BF) ‘Abanking company, locatedin thetaxableterritory ‘Agent of business correspondent (8) to business correspondent (ec) Abusiness correspondent, located inthe taxable territory Security services (services provided by way of supply of security personnel) provided to 2 registered person by any person other than body corporate: However, nothing contained inthisentry shall apply to, (a) aDepartmentor Establishment ofthe CG,SG, UTor (0) Local Authorityzor (6) Governmental Agencies; 4 ® I Which has taken registration only for the purpose of deducting TDS u/s 51 and not for making a taxable supply of goods or (i) areglstered person paying taxunder Composition Scheme registered person, lovatedin thetaxable territory Renting of any motor vehicle designed tocarry passengers where the cost of fuelis included inthe consideration charged from the service recipient, provided to a body corporate, by any person ‘other than body corporate, who does not issue invoice charging GST 12% ‘Anybody corporate located inthe taxable territory Lendingof securities Borrower [14]GST Esprss Chart Book Authored by CA, Yaslvan Magzal ification = Person liable to pay GST under Renting of Motor Vehicle Service (Wheres panne @sx Where GSTis payable @ 12% Supplier is other than Body Corporate Supplier is Body Corporate | Person liable to pay GST is Recipient Coen However, where the body corporate avals the passenger transport service for specific journeys or voyages and does not take vehicle on rent for any particular period of time, the service would fall under Heading 9964 (i.e. trensportof passengers) and the body corporate shal nt beliable to pay GST ‘onthe sameunder RCM, ‘Additional Services under RCM for IGST purpose S.No. Category of Supply of Service Recipient of Service 1. | Any service supplied by any person who is located in anon | Any person located in the taxable territory, other than non taxable territory to any person, other than non-taxable online | taxable onlinerecipient. | recipient j ‘Tax payable by the ECO on Notified service (Sec. 9(5)) (\)_ services by way of transportation of passengers by a radio-axi, motorcab, manicab, motor cycle or any other mator vehicle except ‘omnibus (e.g. OLA, Uber, Rapido, ete); {ia} services by way of transportation of passengers by an omnibus except where the person supplyingsuch service through ECOis a company; {i)_ services by way of providing accommodation in hotels, inns, guest houses etc: except where the person supplying such service through ECO\sliable for registration (e.g. Tripadvisor, gobibo, etc); (ii). services by way of house-keeping, such as plumbing, carpenterin, ete., except where the person supplying such services through ECO is liable forregistration (e.g, urbanclap.com, zimmbercom, tc); (iv) Supply of restaurant service other than the service supplied by restaurant, eating joints ete. located at specified premises. (e.g. Swigey, Zomato, ec.) [Specified premises means premises providing hotel accommodation serviee having declared tariff of any unit of accommodation above Rs. 7,500 per unitper day orequivalent,| © Itisimportant tonote here that the above provision shall apply only incase of supply of thesenotified services. | 1._| tfthe £C0 is located in taxable territory —* Person liable to pay taxis the ECO 2 [ifthe ECO does not have physical presence in —+ —_Person liable to pay taxis the person representing the taxable territory the ECO 3. | ifthe ECO has neither the physical presence + _ Person liable to pay taxis the person appointed by nor any representative in the taxable territory the ECO for the purpose of paying the tax (15)- GST Express Chart Book Authored by CA. Yashvant Mangal SMITA IS a ‘Supa ol anata ice: weretiattss endthe POS ae Supply of goods/services where the LOS and the POS are inthe som + twodifferentstates/UT;or State/UT shale treated as intrastate supply of goods servi + aStateanda UT. 5 Ee supply SSeS SEC. 9: SUPPLIES IN TERRITORIAL WATERS "= _inthe taxable territory, not being an intra-State supply and Notwithstanding anything containedin this Act, inotcovered elsewhere thissection, {a} where the LOS isin the territorial waters, the location of such shall be treated to be a supply of goods or services or both in the Supplier:or course ofinter-tate trade or commerce. (0) wherethe POSisin the territorial waters, the POS, shallbe deemed to bein the coastal State or Union territory where the ‘earestpoint ofthe appropriate baseline is located Place of Supply (POs) Tocation of goods atthe time at which movement terminates O(a) a) | Supe Involves movement of foods 410(2)(6) | Goods delivered to a third person on direction ofthe Buyer Principal place of business of Buyer [Billo Ship to Model) 7a 12018)(€) | Supply does not involves movement of goods Location of goods atthe time of delivery to the ecipient ee _ | 20(2)(¢a)| Supply made to unregistered person Location of recipient recordedin theinvoice (evenif name ofthel State of recipient is recorded); and location of the supplies Where the address ofthe recipient isnot recordedin the invoice TO{R)G) | Wihere goods are assembled or installed at se Place of installation or assembly ‘TO(a)(e) | Goods supplied on board a conveyance like a vessel, aircraft, [es “Such goods are taken on - board the conveyance train or motor vehicle PLACE OF SUPPLY OF SERVICES a> General Provision (Sec. 12(2)] Be = ‘+ lfRegistered Recipient (828) -POSisLOR = lf Unregistered ‘Address on Record exists POS is LOR Recipient (82C) ‘Address on Record doesn't exists -» POS is LOS Location at which the immovable property or boat or vessel is located or =m Intendedtobe located Iflocated outsideingia:LOR Each such Statein proportionto the value of services provdedineach State Proportionate valueincase of multiple States [Rute a} Type of service in relation toimmovable property Factor which determines the ‘proportionate value of service supplied Indifferent States/UTs Todging accommodation by hotel, inn, | Number ofnights stayedinsach propery. ouseete-anditsancilaryservices _| Time spent by the bat or vessel in each Rane a oar | wee corvesselanditsanclary services ‘Area of the immovable property hing In ‘AT other services provided in Teation To | each Sate immovable property and its ancillary 16]Authored by CA Yash ST Express Chart Bo (@ [Restaurant & catering services, [personal grooming, fitness, beauty Location where the services are. iw K: cere HBB es (6) [Tainingandperformanceappraisal | 828:Locationof such registered person B2C: Location wherethe servicesare actually performed ‘Admission to an event or amusement | Place where the eventisactualyheld or where the park parkandancilary services cortheotherplaceislocated (7) [Organisation of an event including | 828:Location ofsuch registered person ancllry services and assigning of 82C:Locationwiere theeventisactuallvheld sponsorshiptosuch events = ftheeventisheld outsideindla:LOR ‘= Proportionate value incase of multiple States Rule§: Inthe absence ofa contactor agreement, the proportionate value of servicesmade indifferent states/Us here the eventsheld)sdeterminedby the application of GAAP. 120; Location of such reistered person BC: Locationat which such goods arehanded over for their transportation ithe goo0s ae transporied outssieiniitocshonoHthedestinstonafsood= @ [rarporaton o feos mcvang_§ AR? mailsorcourier 2B: Location of such registered person B2C: Place where the passenger embarks on the conveyanceforacontinuous journey Return Journey -treated as separate journey Where the right to passage is glen for future use and the point of embarkation s not known at the time ofissue of right to passage, POS of such service shall be determined inaccordance withthe genera provision (9), | Passenger transportation (10) [services on boardaconveyance Location ofthe fist scheduled pointof departure ofthat conveyanceforjourney Teleéammunication services including data transfer, broadcasting, cable and direct to home television services to anyperson ‘Services Involving fe line, leased and internet leased circuits ish antenna ete: Location ‘efsuch fxedequipment Postpaid mabile/internet services: Location of biling address of thereciplent Pre-paid mobite/internet/OTH services provided: | ‘= Throush seling agent/re-sller/distrbutor: Address of such person in the recordsof | | Supplier atthe time of supply ‘= Beanypersonto final subscriber: Location where pre-payment is recived or place of sale of vouchers | = When payment made through eletronicmode-LORin records of supplier Other cases: Address of the recipient in the records ofthe supplier and ifthe same isnot availabe, LOS Proportionate valve incase of multiple States Rule 6 nthe absence of contractor agreement the valu of services supplied in diferent States/Uts (where the leased circuits installed) s determined in proportion tothe number ‘of points vingin each such State/UT (Any intermediate point or pace inthe circuit wllaso constitute a point provided thatthe benefit ofthe leased circu isalso avaliable at that intermediate point Banking and other financial services including stockbroking LOR ofservicesinthe records ofthe supplier and ifthe LOR ofservicesisnotavailablethenLOSof services. (23) | insurance services 826: Location of such registered person + Om, 82C:LORof services inthe recordsofthe supplier be me 41 (14) | Advertisement services tothe C6,6,| Fach of States / UT where the advertisement is broadcasted / ‘a statutory body or a LA meent for the | displayed /run/ disseminated \ StatesorUT Proportionate value incase of multiple States ) 07]Pineal sy. ee cieccoe D .& ee ee ee aac Oe iene eae eat anon ema: HT Tai EM a ketone a Seer etsretip soc dmorn oe par acs eer yams cert cts nm a defo evelopment aor jayortauna ako ipute {CCU/ICCU/ NICU will be exempt from GST irrespective of charges. ] {Soteruwaeterthcrintenanse ae fea) © Charitable activities provided by entity registered u/s 128A or 12ABaf income taxact 1961 © Services an oldage home run by CG, SGor registered entity u/s 12AA or 12AB tots esidents aged60 years.or more) against consideration upto25,000/- ‘per month per member [including boarding, lodging and maintenance) ‘= Services rehabilitation professionals by way of rehabilitation, therapy or counselingandsuch other activity © Servicesby wave publicconveniences Banking Related Services 1. Servcesby wayot {a} extending deposits, loans or advances in so far asthe consideration i represented by way of interest or discount (ther than interest iolved inerecitcardservices|; {b) inter se sale or purchase of foreign currency amongst banks or authorized dealersof forex or amongst banks and such dealers. 2. Servicesprovided bya bankingco. to BSBD ac. holders under PMIDY. 3. Services by an acquiring bank, to any person in relation to settlement ‘upto 2,000/-in a single transaction transacted through erelt car, debit card, charge card or other payment card service. Circular: Incentives paid by Melt to acquiring bank under the Incentive Pca kecuead = loading, unloading, packing, storage or warehousing of ice. = Services relating to cultivation of plants and rearing of ll fe forms of animals, except the rearing of horses, for food, fibre, fuel, raw material or other similar products or agriculture produce (A.P) by way of (a) agricultural operations directly related to production of any AP. including cultivation, harvesting, threshing, plant protection ortesting: (b) supply offarm labour; (0) processes carried out at an agricultural farm including tending, pruning, cutting, harvesting, drying, cleaning, trimming, sun drying, furigating, curing, sorting, grading, cooling or bulk packaging and such like operations which do not alter the essential characteristics of A.P. but make it only marketable forthe primary market; (4) renting orleasing of agro machinery or vacantland; (g) services by any APMC or Board or services provided by a comm. agent for sale or purchase of AP. {e} loading, unloading, packing, storage or warehousing of AP; (f) agricultural extension services; a I scheme for promotion of RuPay Debit Cards and low value BHIMAUPI transactionsareinthenatureof subsidy ané thus, nottaable. A Services (6) BF ora Bc to. banking company with respect to accounts in its rural aeabranch; {b) any person as an intermediary toa BF ora BE with respect to services imentonedineny.o : [the bakingco stable poy GST onthe ene vl oSERFe corse ‘Hee charged tocustomers whether or not receliedvabFbet ie 8) Warehousing of minor forest produce. Storage or warehousing of cereals, pulses, frultsand vegetables. Carrying outan intermediate production processas job workin relation toagricuttural Pre-conditioning, pre-cooling, ripening, waxing, retall packing, labelling Of fruits and vegetables which do not change or alter the essential characteristics Transport of AP, milk, salt and food grain including flour, pulses and rice byGTA, ral orvessel. Artificial insemination of livestock (other than horses). Right to use natural resources to an individual farmer forthe purpose of agriculture provideby CG, SG, UT, Local authority. Services supplied by electricity distribution utilities for extending clectrcity distribution network upto the tube well of the farmer or ‘agriculturalist for agricultural use Services provided by the National Centre for Cold Chain Development. [18] |eS os 5 Bxpress Chart Rook Authored By CA. Yashant Maagal Gere eeauced Services provided by an educationalinstitution + toitsstudents, faculty and staff(anyservice) | byway of conduct of entrance examination against consideration inthe form of entrancefee 2. Services providedto.an educational institution {i) transportation of students, facultyandsta (i) cotering,includingany mid-day meals {iy securityorcleaningar house-keepingservices performed in such edu ins {iv) services relatingtoadmissionto, or conduct of examination ')_supply of online educational journalsor periodicals **For preschool education and education up higher secondary school equvaTent (only Ltod-Bxemat) *#Foreducationasa part ofacurriculum for obtaining 2 qualification recognised byany lau (only th & Sth Exempt) *7For educations apart ofan approved voeationaledueation course (only 4th-Exemgt) 3. GST is exempt on services provided by Centra or State Boards including the boards such az NAF] by way of Conduct of amination Tor We Sudan, including conduct of entrance examination for admission toeducationalinstitution GSTs also exempt on input services relating to admission to, or conduct of examination, such as online testing service, resuit publiction, printing of notieation for examination, admit card and questions papers tc, when providedto such boards, Circular: GSTis exempt on services provided by any authority, board or body set up by the CG or SG including National Testing Agency for conduct of ‘entrance examination for admission to educational institutions 4. Serving of food toanganwadl shall also be covered by sald exemption, whether sponsored by govt or through donation from corporates. 5. Theexemption is wide enough to cover the amount or fee charged for admission or entrance, or amount charged for application fee for entrance or the fee charged from prospective students for issuance of eligibility certificate to them in the process of their entrance/admission to the educational Institution. Services supplied byan educationalinstitution by way of issuance of migration certificate tothe leaving orex-studentsarealso covered by the exemstion. ‘ong duration programs (ane year or more) conducted by thelIMarealso covered under this exernation, ‘0G Shipping approved maritime courses conducted by Maritime Taininginstitutes of ndiaare alsa covered under thisexemtion, Services by way of ving on hire motor vehicle for transport of students, faculty and staf toa person providing services af transportation of students, ‘faculty and staff to an educational institution providing services by way of preschool education and education upto higher secondary school or equivalent. ‘Services provided by training providers under Deen Dayal Upadhyeya Grameen Kaushalya Yojana (DDUGKY) 10, Services of assessing bodies by way of assessments under the Skill Development Initiative Scheme AL Services provided othe CG, 5G, UT under an training programme for which 75%or more of the total expenditure isborne by the CG, SG,UT 12, Training or coaching in (a) recreational activities relating to arts or culture by ar individual or (b) sports by registered charitable entitles u/s 128A or AB Entertainment and Sports Related Services inaieaieeraeiaceny ee eens he S a See 35, = Ces dance or theacal performance nung rao ballet avard function cone. pageant musical perormanter Mt pahiné Mee eee eas ee ge ein ae sree nn eS ON rer 5. Services provided to a recognized sports body (RSB) by (a) an individual as a player, referee, umpire, coach or team manager for participation in a. a ra ey eens nee Ce pice ree aa acces Guia Satya cacy eicictc ee enersemnemsi is ec sey ce es eee eerie waar ow [inter ean 7A ; residential untotherwisethanas part of residential complex. 5 bed er abou contaeisagiesertructan, erection, comnssionieg, Inctation, complden, Abiog aut repnle coe ft Fearne a MEE ces Ors it gure ova cee otetven le Ree ake a a IMuslonorPrichan Mant Awa ona 2 supplyof DR Falla adtona Lon Term Lense oandby 2landownerto a developerithe constructed ts ar sold before ewance tfeompleionceifcateandtxisplion them, Ard ifs resold afterwards, en GST shall be payable @ 1 afrdabeNoues) and (the! ae labour contracts of construction, erection, comm [19]pyre ssopeeggomenmme “© Publictransport, ather than predominantly for tourism purpose, ‘in a vessel (includes private ferry used for passenger transport ee = Meter or: haw (including e-rickshaws) [not exempt, if services are supplied through an ECO notified u/s ‘oth radio taxi, for ‘excluding tourism, conducted ‘supplied ‘through an ECO notified u/s (5) [does not include hiring of non AC contract carriage] Stage carriage other than A.. stage carrage {not exempt, if services are supplied through an ECO notified u/s 95), © Air to the CG, embarking from or terminating at a Regional Connectivity Scheme airport, against consideratfon in the form ‘of viability ap funding. ‘Transportation of goods: By road except GTA or courier agency [4 oftransportvehicies} By inland waterways By an aircraft from a placid India upto the GMs on eee ay ude renting Medwe uc kad 85 GST Express Chart Book Authored by CA. Yashvant Monga station of dlearance nina {from one lacein india to another + By rail ora vessel or a GTA - relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap; defence or military equipments; newspaper or magazines; ‘agricultural produce, milk, saltand food grain cluding flours, pulses andrice;and organicmanure By 6TAto C6, SG, UT, local authorities, gow agencles, which has taken registration onlyfor the purpose of deducting TOS. Serviees provided by a GTA, to an unreg. person (including an unreg, 1P}, other than factory society, co-operative society, body corporate, partnership firm, reg. CTP. ‘Supply of services associated with transit cargo to Nepal & Bhutan (landlocked countries). includes return ofempty containers also) Services by way of giving on ire (or rent) - {a)to a state transport undertaking, 2 motor vehicle meant to carry ‘more than 12 passengers; or (20) toalocal authority, an Electrically operated vehicle meant tocarry morethan 12 passengers; or {b}to GTA, ameans of transportation of goods; or (c)motor vehicle for transport of students, faculty and staff, to 3 ‘person providing transportation services to school. Service by way of accessto a road or abridge on paymentof toll charges [includes overloading charges and higher tll charges from vehicles not hhavingfastag] Sata lane yrs supplied ty ERO, Corporation Lined Services by way of granting National Permit to a goods carriage to ‘operate through-out Inia/contiguous States. Pence ened 1. Services by way ofrenting of residential dwelling for use as residence excep where the residential dwelingis rented toa registered person, ‘Thisentry shallcover services by way ofrerting of residential dwelingto registered person where, ~ (0 theregistered persons proprietor of proprietershipconcern and ert the esidential dwellinginhis personal capacity or ute ashis own residence; and {i such entingisonhvs ow account and not that ofthe proprietorship concern, 2. Services bya person by way of (a) conductofany religious ceremony (0) renting of precincts ofa religious place meant for general public However, nothing containedin entry (b)of this exemption shall applyto~ o @ «i rentingofrooms where charges are 1,000 or more per day; S renting premises, community halls kalyan mandapamor openares, andthe lke where chargesare 10,000 or more per day, rentingof shops or ather spaces for business or commerce where charges are 10,0000r more per month, 3. Upfront amount payable for granting long term lease of 30 years, or more of industrial plots or plots for development of infrastructure for financial ‘business, provided by the 6 Industrial Development Corporatons or Undertakings or by any other entity having 20% o more ownership of CG, SG, UT dlirettyorthrough an entity which is whally owned by them. (Additonal charges fr referential oeationare aso eigiblefor exemption) (teu che 2. eins. schemes- Janashree Bima Yojana; Aam Aadmi Bima Yojana; Life microns. product as approved by 00 1. General ins. schemes = Hut Ins. Scheme; Cattle ins. under Swamajayanti Gram Swarozgar Yojna; Scheme-forinsoh Fe personal Accident Poll and rami Group! ident i -Agrcultulpetrpset and ale Rens. PMBY) HOE Schemie on Soe Central Sector Scheme on Catle ins Univ ‘Scheme; Rashtriya Swasthya Bima Yojana; Ins. Scheme; Pradhan Mantri Suraksha Nramaya Health ins. Schemeand Bangla ShasyaBima. Services of lif ns. Funds its members, Naval Central Armed Police Forcesine,fundsto their members. [20 a Pension Bima Yojana; ‘Mant Vaya Vandang 3. Services provided pal bythe C6, 5 loftheins. Naval and Ale Force Group Ins. ie personnhef Coast Guard and 0)GST Bspress Chart Book Author Cerone keane) 13, Supply of service by a Gow. Entity to C6, SG, UT or LA or any person Services by C6, $6, UT or LA, excluding — iGisentte? by the Department of Posts and the Ministry of Railways (inaian Railways) {Biseruces in relation to an alteraft or a vessel, inside or outside the 14. precinctsofaportoranelrport; (Gtransportofgoods /passengers; > (en ae eaten eee eet eee i adcnechen olin yw eee ee oy ey et ec ter Sree ese oe seeeee proed bythe CoS Ut or tA tos busines ony won Sfoeane 70 upto suchen in Ppa FX vich les protearapiend carat atl [This exemption is not/Applicable, when the'Sérvices are renting of Inmovatie prover of arecifredin lado FFE Servers practi sg)0T arta siterstheconade diel euhtandoes goetnghrceed 00 [nt applicable on (a,b,c) of paint" >, {cave of contnooes Supt eres Cr. he consideration charged for such servicé does 15,0008 FY. Services provided the 6, 6 UTor ( stoanother C6, $6, UT or LA [not applicable on (a,b,¢)ofpoint 1). Sores provided Of C5, gens We pt tsuance of pessport vis, devine ecpce teh allele eat cern ‘Services provided by the CG, SG, UTorLAByWayof (aresteton eed und aryian Petre tae 19. 20, 21. (bjtesting, calibration, safety, check or cer elating to protection or safety of workers consumersePpublicstiare,cliding 22. firelicense, required under beingin force) [Seed testing and cortificaw6n is amulti-stage process and qualifies as tcrmpose spp of set nlf testo iwceg | Sere erolges tates Cn (EI penser snderthe ts \ ‘ec ole he bps he Find enka ‘ ‘othepersonsgovfmeduder P Ac, Services by Coal/Mines Provident fore [Branston i} Asos governed by the éspectivaAct, 1948. \ K Services by NPSTrusttok members gainst donsideraion in es! (fprvidinginformation autherty by way of anyactivty in relation to any ‘or aiPanchayat under article specified by them against consideration received from CG, SG, Torta, inthe form of grants, Services provided by the CG, $6, UT by way of Merchant Overtime charges Services provided by the CG, SG, UT, LA by way of tolerating non- performance of acontract. Services provided by the CG, SG, UT, PSU by way of guaranteeing the loans taken by such undertakings or PSUs from the banking co. / financlalinsttutions. Services supplied by a SG to ERCCby way of assigning theright to collect royalty on behalf of the SG on the mineral dispatched by the mining leaseholders. However ifthe GST deposited by mininglease holders on royaltyls 20 lakhs succession ‘of incorporation = Aggregate Turnover Includes, Taxable Supplies, Exports, Exempt Supplies Interstate Supplies. Excludes CGST,|GST, SGST, GST Cess, UTGST, Value of nward supplies on which taxis payable under RCM. Tobe Computed onall india basis of persons having same PAN © Hn taxable supply is mace from the place of business located in Manipur, Mlzoram, Nagaland or Tripura, then, the A. fr registration shall 20lakhs (Not 10lakhs). ‘Apetson is tequired to obtain registration with respect ahi each place of businessin india from where taxable supply has taken place. ‘Asupplier is not lable to obtain registration in those states from where he s exclusively supplying of goods or services or both which are not taxable under 6ST a [22]GST Express Chor Book Authored by CA. Yasvant Manga! ‘Compulsory Registration (Sec. 24) persons making any inter-State taxable supaly of goods; ‘casual taxable persons making taxable supply; persons who ate requiredto pay taxunder RCM; person whoarerequiredtopaytaxu/s9(S); NRTP making taxable supply, persons who are requiredto deduct taxu/s1 whether ornot separately registered; persons who make taxable supplieson behalf of other taxable persons whether es an agent or otherwise; ISD, whether or not separately registered persons who supply goods or services or both, other than supplies u/s9(5} through such ECO who is required tocollect TCS u/s 52; ‘every ECO who's required tocollect TCS u/s52; ‘every person supplying OIDAR services from place outside India to person in India, other than a registered person; every person supplying online money gaming from a place outside Indlato@ person in India; and such other person or class of personsasmay be notified by the Govt Seeeenneeanans Persons not liable for Registration [Sec. 23] (0) Person engaged exclusivelyinsupplying goods/services/toth not liable totaxor wholly exempt from tax (i) Agriculturist tothe extent of supply of produce out of cultivation of land {i) Persons making only reverse charge supplies (iv) Supplier of services supplying services through an ECO, having AT. uptoRs, 20 akhsina FY (Supplier of goods supplying goods through an ECO, if such supplier is having AT. upto Rs. 20 Lakhs in the PFY & CFY, subject to the following conditions, namely — (a) Such persons shall not make any nter-State supply of goods; (b) Such persons shall not make supply of goods through ECO in more than one State or UT; (6) Such persons shall be required to have 3 PAN; (4) Such persons shall, before making any supply of goods through ECO, declare nthe common portal their PAN, address of their POBand the Stateor UTin which such persons eek to make sch supply {e) Such persons havebeen granted an enrolment number onthe common portal on successfulvali {f] Such persons shallnotbe granted more than one enrolment numberin@ State or UT; nd () Where such persons are subsequently granted registration, the enrolment number shall cease to be valid from the effective date of registration (vi) Any person, whois engaged exclusively in supply of goods where AT. doesnot exceed Rs. 40 lakhs, except, - (2) persons required totake compulsory registration; (2) persons engaged in making supplies of ice cream and other edible ice, whether or not containing cocoa; Pan masala; Tobacco & ‘manufactured tobacco substitutes; Fly ash bricks; fly ash aggregates; fly ash blocks; Bricks of fosll meals or similar sileeous earths; Building erieks;orarthen or coofing ties (3) persons engaged in making ntra-State supplies in the States of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim, Telangana, Tpura, Uttarakhand; and (4) personscpting Voluntary Registration, or such registered persons who intend to continue with their registration under the said Act. tion ofthe PAN; ‘States with thresholdlimit of Rs.10lakhforbothgoodsandservices | Manipur, Mizoram, Nagaland, THpura States with thresholdlimit offs, 20 lakh forbothgoods andservices | Arunachal Pradesh, Meghalaya, Sikkim, Uttarakhand, Puducherry, Telangana ‘States with threshold limit of Rs. 20 lakh for services and Rs. 40 akh for | Jammu Kashmir, Assam, Himachal Pradesh, Allother States ‘poods Parte When Where Parton who sable tobe re undar Sez — win 30 days Tom the date on WHE Re] GPE Sch S/T WHET RS ESTEE 22 or Sec. 24 |__becomes liable to registration 2 GST iP or WTP atlesst S dys porto the commencement | fo a of business E at f i Every person who makes supply rom | within 30daya rom the date on which he_-| inthe Galstal Sta/UT where the newren the territorial waters of India becomes liable to registration int of the appropriate base line is located \Whereanappliant submis application foreqistaton Hecive date ofreptvation with 20¢ys fromthe date becomeslabletoreg, thedte on whch he becomes abe tore after 30 cays tromthe date he beawnes ate toree "eateof grantor res ‘Voluntarily asia date of grant of reg.GST Expres Chart Book Authored by CA, Yashvant Mangat Registration Certificate granted to CTP/ NRTP will be valid “Registration needs to be taken State-wise, A business (2) Period specifiedin the registration application, or entity having its branchesin multiple States willhave (b) 90daystromthe effective date ofregistrotion[extendiblefurtherby90days], |] _ totakeseparateState-wise registration whicheverisearlier Once a person obtains voluntary registration, he has |ETP/NRTP are required tomake an advance deposit of tax ofan amount equivalentto || ‘© Pay tax even though his aggregate turnover does the estimated net tax Tabity of such person for the pera for whieh the| | _Motesceed 201aKh/ 10k eee Aadhaar Authentication While appving for registration, Individual, Authorised sienatory of alltypes, Managing | Aadhaar Authentication for Registered Person [Rule 108] {Authorised Partners and Karta ofan HUF, shall undergo AadhaarAuthentetion. | he registered person, other than a person notified u/s 25(6D), who Sec.25(60): Aadhaar Authentication Not Required fora person whois, has been issued a certificate of registration shall, undergo 1, notacitizenofindia;or authentication of the Aadhaar number in order tobe eligible fr the 2. aDepartment or establishment ofthe CG orSG:or following purposes: 3. alocalauthority;or 1. For filing of application for revocation of cancellation of 4 ast registration 5. 2. Forflingof refund application u/r 89 6. apersonapplyingfor UIN (ie. anyspeciaizedagencyoftheUNO, etc). |] 3, Forrefundu/r96 of the GST paid on goods exported out of india eer eae eee) Every Person liable to get registered and person seeking voluntary registration shall, before applying for registration, dectare his Permanent Account ‘Number (PAN), State/UT in Part Aof FORM GSTREG-01 on GST Common Portal (www.est.govn). “The PAN shall be validated online by the common portal from the CBDT database and shal also be verified through Fs ‘separate OTPs sent to the mobile number and e-mall address linked to the PAN. ‘Temporary Reference Number (TRN) is generated and communicated to the applicant on the validated mobile number and e-mail address t Using TRN, applicant shall electronically submit application in Part 8 of aplication form, along with specified documents at the Common Portal ¥ Rule 8(4A): Where an applicant, other than a person notified u/s 25(60), opts for authentication of Aadhaar number, he shall, while submitting the plication, undergo authentication of Aachaar number and the date of submission ofthe appicationin such cases shallbe the date of authentication of ‘the Aadhaar number or 15 days rom the submission ofthe application inPart 8 of FORM GST REG-O1, whichever searier. Further, if the applicant is applying for GST registration in the State of Gujarat or Puducherry, then, the following additional procedure needs to be followed by the applicant: Every registration application made by aperson, who has opted fr authentication of Aadhaar number and is identified on the common portal, based on data analysis andrsk parameters, shal be followed by biometric-based Aadhaar authentication and taking photograph of the applicant along with the verification of the original copy of the documents uploaded with the application In FORM GST REG-O1 at one of the Facilitation Centres and the ‘pplication shall be deemed to be complete only after completion ofthe process laid Gown under ths proviso, + (On receipt of such application, an acknowledgement in the prescribed form shall be issued to the applicant electronically. A CTP applying for registration geta TRN for making an advance depositoftaxin his electronic cash ledger and an acknowledgementisissued only after said deposit. Application shall be forwarded to the proper office ¥ Proper officer examines the application and accompanying documents ¥ 7 Prope officer sues notice electronical, within 7 working dost from application same arefound inorder? "2+ atetheeby seeking daricaton", Information or documents rom the applicant + Within 7 working dvs If applicant has furnished the clarification**, information oF No. Romiadenet |e ‘documents within 7 working days from receipt of notice ——— application@ Yes } Proper officer will rant \f proper officer is satisfied with it ? ay registration certificate in. = 8 Form GST REG-06 t Within 7 working days from the date of receipt of Probar ice Shan miipraiaet the information/clarification/documents application for reason to be recorded in writing. [24]a gest Chart Book Authored by CA. Yashvans Mangal Clarification includes modification / correction of particulars declared inthe application for registration, other than PAN, state, mobile no. and e mailaddress Tower ware Cea is andegoauthertiation of Aadhaar umber a pactieinrl (4A does ot opto atheraton of achsar numberof (Ga) a person, who has undergone authentication of Aadhaar number as specified in rule 8(4A), is identified on the common portal, based on data analysis andrisk parameters, forcartying out physical verification of places of business; or {t) the PO, withthe approval of an oficer authorised by the Commissioner not below the rank of Assistant Commissioner, deems it fit to carry out physical verification of placesof business, ‘the registration shal be granted within 30 days of submission of application, after physical verification of the place of businessin-theppresence-afthe seid person, inthe manner provided u/r25 and verification of such documentsasthe P.O, may deem fit. [Provisoto Rule 9(1)] ‘#However, where: {a}. aperson, fais to undergo authentication of Aadhaar number as specified in rule 8(4A) or does not opt for authentication of Aadhaar number; or (aa) a person, who has undergone authentication of Aadhaar number as specified in rule 8(4A), is identified on the common portal, based on data “analysis and risk parameters, for carrying out physical verification of places of business; or (6) the PO, with the approval of an officer authorised by the Commissioner not below the rank of Assista ‘out physical verification of places of business, the notice may be Issued not later than 30 days from the date of submission of the application ommissioner, deems t fit to carry Deemed Approval of Application [Rule 9(5)] If the proper office fails to take any action, - (@) within a period of 7 working days from the date of submission of the application in cases where the person isnot covered under proviso to sub-rule (2); or (b) within a period of 30 days from the date of submission of the application in cases where a person is covered under proviso to sub-rule (1); or (c). within a period of 7 working days from the date of the receipt ofthe clarification, information or documents furnished by the applicant under sub-rule (2), ‘the application for grant of registration shall be deemed to have been approved, Physical verification of business premisesin certain cases Rule 25] (1) After the grant of registration, the PO. may physically verify the POB and the verification report, etc shall be uploaded within 15 working days following the date ofsuch verification (2) Inthe circumstances specified inthe proviso to rule9(1), the P.O. shall physically verity the POB before the grant of registration and the verification report, et. shall be uploaded atleast 5 working days rior tothe completion ofthe time period specified inthe sid proviso, Furnishing of Bank A/eDetails [Rule 108] /After RCis granted, the registered person shall furnish information with respect to details of bank 2/c within 30 days from the date of grant of RC, or before furnishing the details of outward suppliesin FORM GSTR-1 or using IF, WIE. However, this relaxation does not apply to the Persons who have been granted RC for TDS/TCS & Persons who have been granted registration Compulscrlly/Suo-Motu by PO. Amendment of Registration [Séc. 28] Registered Person /UIN Submission of application within 15 GST= Common Portal (worw.est gov) Holder days of change im Registration Certificate Sona Poa ‘Non ~Core Areas « - Permission tobe granted within 15 working days + _—Proper Officer (PO) PO Will serve SCN But, IFO is ofthe opinion that amendment is unwarranted or documents furnished + are incomplete / incorrect, then, within 15 working days of receipt of amendment | application No__ lf registered person replies to the notice ‘jae within 7 working days [whiny woring day Sol ered i note: per offer fa totake acon wihinaboetin |_wo_ ss Fvepvissaioctary ! iat he ceria estaton sabe deemed 9 | amended & made available tothe registered person. 5]